image

The key advantage of a cloud contact center is that they are very well integrated with the IVR system, which enables clients to connect with the appropriate agent, without any hassle. 

Additionally, contact centers are best known for preserving data on the cloud, allowing for centralised access. This, eventually, makes remote work easier and allows safe access to business-critical information globally.  

However, when it comes to traditional call centers, they usually have on-premise infrastructure which makes the overall business operation a bit hectic to handle. This demands a professional staff or a group of IT agents who are committed to keeping the entire system updated manually. Cloud automates these actions and eliminates the need for further human assistance or effort. 

Below are the ways through which Cloud Contact Centers are proven to be beneficial for the BFSI sector:

Real-time reporting and training

The customer service employees in the BFSI industry must be well-trained for their jobs because of the involvement of huge monetary transactions. This training should include fundamentals of telephone etiquette, how to deal with dissatisfied customers, and how to quickly retrieve information from the database.

Cloud contact centres also assist businessmen in educating their workforce. An interactive training strategy that gives the agent firsthand experience on the job always proves to be most effective for any business to achieve success. 

Each and every call is recorded and maintained for the performance review of the employees, monitoring, and training purposes. News hires can also listen to the recordings to gain a sense of the specific nature of their job description. 

Additionally, cloud contact centers in BFSI also provide real-time reporting to the admin or supervisors for their better understanding of day-to-day business operations, based on which, they can evaluate their staffs’ performance. 

Help successfully convince customers 

Most of the time, customers happen to have unsure requirements. They may need to be convinced to make a purchase, particularly when it comes to financial services.

In such cases, integrating a cloud contact center with a CRM helps agents to derive information that can be beneficial for both, the customers and the agents. 

For example: a potential customer continuously inquires about a specific but is a bit hesitant to give the final approval. Your salespeople will be informed of this based on the client's CRM call history. With this information, sales representatives can directly target the customer's queries and demands and convince them to make the purchase.

Quickly resolve queries through IVR solution

IVR system plays the most important role in making cloud contact center stand out from the traditional ones.
The advanced software allows businesses to quickly respond to consumer queries by connecting them to the appropriate department instantly.

As a result, the user receives swift answers to their basic queries while avoiding long call waits. Furthermore, it frees up agents to address other major concerns. The Round-the-clock availability increases the accessibility of the cloud contact center form anywhere in the world. 

Enables improved customer reach

The cloud-based contact center enables reaching out to a massive number of customers easily. It allows businesses to save the details of each and every customer and approach them at the right time with information about their financial needs such as loans at desired interest rates, well-performing shares, and mutual funds. 

Additionally, these insights help target and engage with customers across multiple social media platforms, thus, allowing businesses to expand their consumer base. 

Conclusion 

The BFSI industry demands critical requirements and needs to be extra attentive while dealing with clients. CloudConnect is continuously developing innovative and unique products to boost growth in the BFSI industry. Our unique solutions provide various organisations in the BFSI industry in India with a corporate telecom identity, allowing them to work from anywhere with increased efficiency and effectiveness. Thus enabling businesses to grow up to 10X faster, giving them the flexibility to adapt to current workplace environments, and helping them efficiently fulfill client requirements. Connect with our sales expert now if your business deals in the BFSI industry, to opt for solutions that are specifically designed to improve your business operations and accelerate your success.

 

Popular posts

What Is Cloud Telephony & How Does It Work?

As technical innovations continue to evolve, the arrival of the "cloud" in the communication sector has been hailed as a revolutionary step forward. Cloud telephony relieves enterprises of the responsibility of deploying and maintaining the infrastructure onsite and also reduces operating expenses.

8 months ago
How to Choose the Best Business VoIP Provider in 2022?

Over the last several years, VoIP services have grown in popularity, and more and more businesses around the world are now embracing this technology to communicate with their customers. It is true that VoIP technology is the greatest option for both enterprises and homes. VoIP is a large sector that is expanding at a rapid pace. According to a survey by Global Industry Insights, Inc., the VoIP market would rise from USD 20 billion in 2018 to USD 55 billion by 2025, from a current value of USD 20 billion. Voice over internet protocol (VoIP) has the advantage of being more cost-effective than a broadband internet connection.

7 months ago
Maximizing efficiency and customer satisfaction: Benefits of Integrating your Contact Center with CRM

By integrating your CRM with contact center software, you can significantly elevate the quality of your customer service. By consolidating customer information and communication channels, you can offer personalized and efficient support, leading to increased customer satisfaction and loyalty. Leveraging automation and advanced analytics enables you to gain insights into customer behavior, identify trends, and optimize processes for a seamless and exceptional customer experience. Whether you operate a small business or a large enterprise, harnessing the advantages of CRM and contact center software integration enables you to remain competitive and meet your customers’ evolving needs and expectations effectively

5 months ago
What is a Virtual PBX System?

Virtual PBX is becoming increasingly popular with start-up companies, freelancers, entrepreneurs, mom-and-pop shops, small business owners, etc. Small businesses can afford it and benefit from its scalability and reliability. Most virtual PBXs handle only inbound calls, making them the perfect solution for small businesses with fewer than 10 employees and low volume of calls.

7 months ago
How Click to Call Works And Key Benefits

Click-to-call, a feature commonly found in cloud-based solutions, facilitates seamless connections between callers and businesses without manual dialing. It functions as a widget with a Call icon, configurable on various digital touchpoints such as websites or mobile apps, allowing customers to instantly reach out. With just a single click or tap, customers can easily connect with the sales or support team of the business. Upon clicking the widget, users are prompted to input their phone number, and upon submission, the system initiates a phone call connecting them with the appropriate team.

4 months ago

Latest posts

The best Omnichannel Contact Center service to avail for your blooming business

A contact center serves as a central location for handling client communications and service through many channels, including phone calls, email, messaging, and social media integration. Customers' digital awareness has grown with time. Brands have increased their assistance across a variety of media in order to keep up with the changing expectations of their customers. Customers now have the opportunity to voice their concerns and request assistance on whatever platform they choose. Businesses can effortlessly communicate with clients and provide an omnichannel experience with the proper contact center technology.

3 days ago
Contact Center Solution - A boon for the FMCG Industry

The FMCG sector has seen massive and rapid growth over the years and the pace continues. However, how many of us know that one of the major support systems for its growth is the advanced technology that is being used to make sure that the operations are smooth and meet customer requirements hassle-free. This advanced technology is called Contact Center, which has gained popularity in the market over the years. In this blog, we will learn about how the Contact Centre solution has proven to be beneficial for businesses in the FMCG sector.

1 week ago
How Cloud-based Contact Centers are helping companies stay agile and flexible

Ever since Cloud Contact Center entered the market, the services have been rapidly transforming the way the organisations are communicating with the audience ensuring the adaptability and flexibility required to thrive in today’s competitive market. From time to time, cloud contact centers have proven themselves to be the best choice for businesses responding to the ever-changing market dynamics.

2 weeks ago
5 major reasons why businesses are now switching to WhatsApp Chatbot for better customer service

With each passing day, online shopping is becoming the first choice for customers. This has widely changed the perspective on how customers interact with businesses. Today, 90% of top online retailers use WhatsApp to make the process easier and faster. The big change is with WhatsApp ChatBot, which lets businesses manage everything from orders to customer support directly through WhatsApp, thus improving customer service and boosting sales.

3 weeks ago
4 Reason Why Business should choose a Virtual Mobile Number

A VMN (Business Virtual Mobile Number) is a telephone number that is not related to any particular phone or SIM card but rather connects through the internet. This implies that businessmen can make and receive calls without the need for an in-house phone setup with traditional technology from any device, including smartphones and desktops, having internet access.

1 month ago
1 Talk To Us